WLAN vendor Colubris has obtained a further $14 million in venture capital funding. Its investors include Prism VentureWorkds, GrandBanks, Capital, Doll Capital Management, Mid-Atlantic Ventures Funds, Telecommunications Development Fund and Business Development Bank of Canada. Including their previous investments, the companies have entrusted $50 million to Columbris, which provides wireless LAN equipment to carriers and network operators for 802.11-based hot spot services.
Via [infoworld.nl]
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